Jinpan International (JST) Announces Purchase Order Valued at $3 Million
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Jinpan International Ltd. (Nasdaq: JST) today announced that it has received a purchase order for 46 units cast resin transformer from Siemens Corp. The size of the order is approximately $3 million. The cast resin transformers are expected to be shipped to Siemens in the U.S. and recorded as revenue in 2012.
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